4-bed · 6,100 sqftLe Reve Tower, Dubai Marina · 16th floor · completed 2006

1602, Le Reve Tower

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 15.8M23 May 2011
Current rentAED 1.05M /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Le Reve Tower

What is 1602 worth today?

Last sold for AED 15,800,000 in 2011

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15 Jan 2026RentedRenewal
AED 1,050,000/yr12 months · AED 167 per sqft
1 Apr 2023RentedRenewal
AED 280,000/yr12 months · AED 44 per sqft
1 Apr 2022RentedRenewal
AED 280,000/yr12 months · AED 44 per sqft
1 Apr 2021RentedRenewal
AED 280,000/yr12 months · AED 44 per sqft
1 Apr 2020RentedRenewal
AED 280,000/yr12 months · AED 44 per sqft
1 Apr 2019RentedRenewal
AED 280,000/yr12 months · AED 44 per sqft
1 Apr 2018RentedRenewal
AED 550,000/yr12 months · AED 87 per sqft
1 Apr 2016RentedRenewal
AED 550,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
4-bed apartment
Size
6,100 sqft
Floor
16th of 49
Parking
G/ 34-P1/ 39
Developer
Xtreme Vision
Completed
2006
Service charge
AED 120,500 /yr
Last sold
AED 15.8M · May 2011

About 1602, Le Reve Tower

1602 is a four-bedroom apartment of 6,100 sqft on the 16th floor of Le Reve Tower, a 49-storey tower in Dubai Marina completed in 2006 by Xtreme Vision. It last sold on 23 May 2011 for AED 15,800,000, or AED 2,590 per sqft, 27% above the AED 2,033 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 15 January 2026, is AED 1,050,000 a year: a gross yield of 6.7% on the 2011 price, before the service charge of about AED 120,500 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical four-bed in Le Reve Tower
10M20M2008201320182023Typical sale price by year: 2008 AED 8,725,632; 2009 AED 8,649,904; 2010 AED 8,000,000; 2011 AED 13,300,000; 2012 AED 15,500,000; 2013 AED 20,000,000; 2015 AED 19,000,000; 2017 AED 12,200,000; 2020 AED 6,825,649; 2023 AED 13,000,000; 2024 AED 15,350,000; 2025 AED 17,000,000Sold by developer, February 2008: AED 8,722,700 (AED 1,429 per sqft)Sold, May 2011: AED 15,800,000 (AED 2,590 per sqft)

1602 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1602, each contractTypical four-bed in Le Reve Tower
500K1M2013201720212025Typical rent by year: 2013 AED 760,000; 2014 AED 562,018; 2015 AED 500,000; 2016 AED 700,000; 2017 AED 180,000; 2018 AED 662,500; 2019 AED 390,000; 2020 AED 390,000; 2021 AED 500,000; 2022 AED 560,000; 2023 AED 775,000; 2024 AED 850,000; 2025 AED 850,000; 2026 AED 875,000Renewal, April 2015: AED 500,000 a yearRenewal, April 2016: AED 550,000 a yearRenewal, April 2018: AED 550,000 a yearRenewal, April 2019: AED 280,000 a yearRenewal, April 2020: AED 280,000 a yearRenewal, April 2021: AED 280,000 a yearRenewal, April 2022: AED 280,000 a yearRenewal, April 2023: AED 280,000 a yearRenewal, January 2026: AED 1,050,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Le Reve Tower, and where 1602 sits

All 67 4-beds →

1602 last sold in May 2011 at AED 2,590 per sqft, 27% above what four-beds in Le Reve Tower were fetching at the time (AED 2,033). Over the last 12 months four-beds sold for AED 16,000,000 to 20,500,000, around AED 2,853 per sqft, and rent for AED 800,000 to 1,050,000 a year. 1602's AED 1,050,000 is at the top of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
29 Oct 202620,500,000
24 Aug 202616,000,000
29 Dec 202518,000,000
26 Sep 202516,000,000
3 4-bed sales in the last 12 months

Le Reve Tower

Building

81 apartments, 2-bed to 8-bed over 49 floors in Dubai Marina, completed in 2006 by Xtreme Vision. 3 sold in the last 12 months.

Typical price per sqft
AED 2,853
Typical sale
AED 18M
Typical rent
AED 850K /yr
Typical yield
4.7%
Le Reve Tower, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 81 units in Le Reve Tower
Value
16014-bedAED 5.75M · Sep 2018

1602, Le Reve Tower in numbers

  • Sold twice: first on 10 February 2008 for AED 8,722,700, last on 23 May 2011 for AED 15,800,000 (AED 2,590 per sqft).
  • Rented since April 2013 on 10 Ejari contracts, from AED 37,500 to AED 1,050,000 a year.
  • At AED 1,050,000 a year the gross yield on the 2011 price is 6.7%, before a service charge of about AED 120,500 a year (AED 19.75 per sqft).
  • Four-beds in Le Reve Tower sold for AED 16,000,000–20,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,853 per sqft.

Source: Dubai Land Department. Updated 15 January 2026.

Questions about 1602, Le Reve Tower

What did unit 1602 last sell for?

AED 15,800,000 on 23 May 2011: AED 2,590 per sqft for 6,100 sqft. The unit has 2 registered sales; the first was AED 8,722,700 in February 2008.

What is the rent for unit 1602?

AED 1,050,000 a year on the contract renewed on 15 January 2026. The previous contract, from April 2023, was AED 280,000; the unit has been rented since April 2013.

How big is unit 1602?

6,100 sqft (566.7 sqm): a four-bedroom apartment on the 16th floor of a 49-storey tower completed in 2006.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Le Reve Tower sold for AED 16,000,000 to 20,500,000 in the last 12 months, around AED 2,853 per sqft.

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Mortgage on 1602, Le Reve Tower

Starts from the last sale price (AED 15.8M, 23 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 15,800,000
Deposit, UAE resident (20%)
AED 3,160,000
Deposit, non-resident (40%)
AED 6,320,000
Monthly over 25 years at 3.7%
AED 64,643

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →